CCU 0.00% 5.8¢ cobar consolidated resources limited

weakness, page-5

  1. 4,468 Posts.
    I bought some more with a degree of trepidation on Friday, hoping that silver would not continue to tank. Very pleased to see the dollar rise on Friday night:)

    This is a great little company with excellent management and a tight share register, heading towards production this year and being in the enviable position of being able to raise capex funding largely from debt and equity funding at a premium!!

    Management have proven reserves to begin production, but future exploration will probably reveal far more silver resources. I am glad that management are prudent with their funds however, and that their current priority is now production, rather than exploration, which can come later when the cash is rolling in:)
 
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Currently unlisted public company.

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